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Understanding the Economics of Ethereum Layer 2s

Ethereum is on the verge of enormous growth, aided by the L2 blockchains that complement it.

By Michael NadeauSep 20, 2023, 11:45 a.m. EDT

(Rachael Ren/ Unsplash)

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Latest Crypto News

47 minutes ago

Neutral

BTC0.00%

Bitcoin whale that sat through the March 2020 crash moves $378 million

A bitcoin whale that received coins days before the Covid crash and sat through it has moved millions on-chain.

1 hour ago

BTC0.00%

Tokenized SanDisk bets saw more liquidations than XRP as Asia’s chip rout wipes out $800 million

About $800 million in leveraged positions were wiped out over 24 hours, 86% of them bullish. Chip-stock contracts on crypto exchanges took a chunk of the damage.

1 hour ago

Negative

Once-largest Ethereum NFT marketplace Blur is shutting down after volumes collapse 99%

Blur will close its website on Nov. 12 after monthly trading fell from about $1.43 billion at its 2023 peak to under $7 million, ten days after sister project Blast announced its own shutdown.

2 hours ago

Positive

BTC0.00%

+3 Assets

Bitcoin rebounds above $83,000 as it decouples from tumbling Korean stocks and Nasdaq futures

Bitcoin climbed back above $83,000 after an early dip, decoupling from a sharp slide in Korean chip stocks and weakness in Nasdaq futures ahead of Thursday’s US CPI report.

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